New Oriental Education & Technology Non-GAAP EPADS of $0.22, revenue of $1.14B
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2 months ago
- New Oriental Education & Technology press release (NYSE:EDU): Q4 Non-GAAP EPADS of $0.22.
- Revenue of $1.14B (+32.6% Y/Y).
- Operating income decreased by 78.1% year over year to US$10.5 million for the fourth fiscal quarter of 2024.
- Net income attributable to New Oriental decreased by 6.9% year over year to US$27.0 million for the fourth fiscal quarter of 2024.
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Outlook for Q1 Fiscal Year 2025
New Oriental expects total net revenues, excluding revenues generated from East Buy private label products and livestreaming business, in the first quarter of the fiscal year 2025 (June 1, 2024 to August 31, 2024) to be in the range of US$1,254.7 million to US$1,283.5 million, representing year over year increase in the range of 31% to 34%